The best replacement for option is warrant.

The best alternatives to option are rated as following:
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★★  european option
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★  annual payments
★  forward contract
★  restricted stock
  rsu
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Speaking about option, one probably shouldn't forget about dividend.

Other search terms related to option and their ratings are:
★★★★★ dividend
★ argument
★ 4-3 defense
★ dividends
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Google Trends

Scale is based on the average worldwide traffic of option in all years. Click on graph for more.
option
warrant
annuity